Antigua Breaking News

Day: October 23, 2022

  • Rich Russians offered a Caribbean shortcut to US visas by paying their way to a Grenadian passport

    Rich Russians offered a Caribbean shortcut to US visas by paying their way to a Grenadian passport

    Insider investigated how rich Russians could move to the US by investing in Grenada’s economy. A visa firm is offering the shortcut after Vladimir Putin announced a partial military mobilization. It’s legal, but an illicit-finance expert said it could let oligarchs “skirt the rules.” Five days after Russian President Vladimir Putin announced a partial military…

  • UPP condemns ‘ABLP staged confrontation’ in St. Mary’s South

    UPP condemns ‘ABLP staged confrontation’ in St. Mary’s South

    The leadership of the United Progressive Party (UPP) condemns the acts of violence that occurred on Bolans Village Main Road on Saturday, during the St Mary’s South “Small Business Pull Up,” organized by the party. The route for this UPP initiative had been approved by the police who also accompanied the caravan.  As the mobile…

  • UN Trust Fund for Human Security, UN providing computer tablets to local agribusiness sectors

    UN Trust Fund for Human Security, UN providing computer tablets to local agribusiness sectors

    The agribusiness sectors in Antigua and Barbuda, Barbados, Dominica, Grenada, and Saint Lucia will now be better equipped to respond to the needs of women and youth, small holder farmers and agriculture entrepreneurs in the sector. This is thanks to the provision of computer tablets   under the “Building Effective Resilience for Human Security in…

  • Antigua Cruise Port projects a promising cruise season 2022 -2023

    Antigua Cruise Port projects a promising cruise season 2022 -2023

    The upcoming 2022/2023 season looks very promising with 182,120 passengers projected between the months of October and December 2022. Antigua Cruise Port is expected to welcome 354 calls for a total of 616,419 passengers by the end of its peak cruise season, while the remainder of the season will attain maximum heights as January 2023…

  • Boris Johnson says he will not run to lead U.K. Conservatives, quashing comeback rumours

    Boris Johnson says he will not run to lead U.K. Conservatives, quashing comeback rumours

    Former British prime minister Boris Johnson announced Sunday he will not run to lead the Conservative Party, ending a short-lived attempt to return to the prime minister’s job he was ousted from little more than three months ago. His withdrawal leaves former Treasury chief Rishi Sunak the strong favourite to be Britain’s next prime minister.…

  • Barbados Member of Parlaiment to appear in court on rape charge

    Barbados Member of Parlaiment to appear in court on rape charge

    St Michael North West MP Neil Rowe will appear in the Oistins Magistrates’ Court on Monday on the charge of rape, Police Communications and Public Affairs Officer Acting Inspector Rodney Inniss has confirmed. Rowe, 43, of #658 Kingsland Terrace, Christ Church has also served as the deputy speaker of the House Of Assembly. SOURCE: Barbados TODAY…

  • UPP supporter arrested after allegedly assaulting woman during political event

    UPP supporter arrested after allegedly assaulting woman during political event

    STATEMENT ON ABUSE AND VIOLENCE BY UPP SUPPORTER IN ST MARY’S SOUTH Violence is often a tool used by the weak, feeble and corrupt-minded. The record must be corrected due to a false narrative published by those who seek to gain political mileage from the very acts they tacitly incubate and foster among their supporters.…

  • Theresa Georges-Dublin is 100 years old today

    Theresa Georges-Dublin is 100 years old today

    BIOGRAPHY OF THERESA GEORGE-DUBLIN – 1922-2022 Therese  Theresa Georges-Dublin affectionately known as “mama” and “grandma” was born on October 23, 1922, in Victoria in the  district of St. Patrick in the Commonwealth of Dominica. Her parents were  Mr. Ander Georges   and Mrs. Rosetta Mary-Anne Georges.  She was blessed to have four siblings –  Ionie…

  • Appeal for blood after 2 AUA students injured in hit and run

    Appeal for blood after 2 AUA students injured in hit and run

    Police are investigating a hit and run involving students of the American University of Antigua. According to reports, two AUA students, one male and one female were struck by a car  in front of Stratos on Friars Hill road. The incident occurred at approximately 3 a.m this morning. An eye witness said the young lady’s…

  • Union Officials visit Jolly Beach Resort

    Union Officials visit Jolly Beach Resort

    Deputy General Secretary of the Antigua and Barbuda Workers’ Union, Chester Hughes, and President, Kem Riley, visited the Jolly Beach Resort on Wednesday, where extensive renovation work is underway ahead of the hotel’s planned reopening in December. Members of the hotel’s new management team were also on-site. Chief Strategy Officer, Gerard Lee, and Managing Director…

  • Woman, 23, found dead at her Tindale Road home

    Woman, 23, found dead at her Tindale Road home

    Police are now carrying out a probe after a 23 year old woman was found dead at her home on Tindale Road. Investigators say the body of the Jamaican national was discovered at about 9:15 Saturday night. Details about what led to her death are not immediately clear. More to come Make a donation to…

REQUEST FOR EXPRESSIONS OF INTEREST

(CONSULTING SERVICES – INDIVIDUAL SELECTION)

 

OECS MSME Guarantee Facility Project

Loan No.: IDA-62670, IDA-62660, IDA-62640, IBRD-88830, IDA-62650

Assignment Title: Senior Operating Officer (SOO)

Reference No. KN-ECPCGC-207852-CS-INDV

 

The Governments of Antigua and Barbuda, Commonwealth of Dominica, Grenada, St. Lucia and St. Vincent and the Grenadines have received financing in the amount of US$10 million equivalent from the World Bank towards the cost of establishing a partial credit guarantee scheme, and they intend to apply part of the proceeds to payments for goods, and consulting services to be procured under this project. 

The consultant will serve as the “Senior Operating Officer (SOO)” for the ECPCGC and should possess extensive knowledge of MSME lending with some direct experience lending to Micro, small and medium-sized businesses, knowledge of the internal control processes necessary for a lending operation and the ability to design and implement risk mitigation procedures. The ideal candidate should possess an Undergraduate Degree from a reputable college or university, preferably in Business, Accounting, Banking or related field, with a minimum of 5 years’ experience in lending, inclusive of MSME lending. The initial employment period will be for two years on a contractual basis. Renewal of the contract will be subject to a performance evaluation at the end of the contractual period. The assignment is expected to begin on September 30th, 2021.  The consultant will report directly to the Chief Executive Officer of the ECPCGC.

The detailed Terms of Reference (TOR) for the assignment can be viewed by following the attached link below. 

 

https://bit.ly/3iVannm

 

The Eastern Caribbean Partial Credit Guarantee Corporation (ECPCGC) now invites eligible “Consultants” to indicate their interest in providing the Services. Interested Consultants should provide information demonstrating that they have:

  • An Undergraduate Degree from a reputable college or university, preferably in Business, Finance, Banking or related field; and
  • Minimum of 5 years’ experience in MSME lending. Applicants should also have:
  • The ability to design and implement risk management procedures 
  • Extensive knowledge of MSME lending with some direct experience lending to small and medium-sized businesses
  • Extensive knowledge of MSME banking operations
  • Knowledge of the internal controls necessary for a lending operation and the ability to design and implement risk management procedures
  • Experience developing and presenting information in public, including responding to questions in real-time
  • Experience lending to MSMEs located in the ECCU
  • Knowledge of marketing and communicating with the MSME sector
  • Ability to draft procedures to be used in a lending operation
  • Familiarity with the mechanics of a loan guarantee program
  • Exceptional written, oral, interpersonal, and presentation skills, and
  • Proficiency in the use of Microsoft Office suite.

The attention of interested Individual Consultants is drawn to Section III, Paragraphs 3.14, 3.16, and 3.17 of the World Bank’s Procurement Regulations for IPF Borrowers July 2016, [revised November 2017] (“Procurement Regulations”), setting forth the World Bank’s policy on conflict of interest. A Consultant will be selected in accordance with the Approved Selection Method for Individual Consultants set out in the clause 7.34 of the World Bank Procurement Regulations for IPF Borrowers. 

 

Further information can be obtained at the address below during office hours 0800 to 1700 hours:

Eastern Caribbean Partial Credit Guarantee Corporation

Brid Rock, Basseterre,

St. Kitts.

Expressions of interest must be delivered in a written form by e-mail by August 11th, 2021, to [email protected]. 

 

For further information, please contact:

Carmen Gomez-Trigg                                                            Bernard Thomas

Chief Executive Officer                                                          Chief Financial Officer

Tel: 868-620-8144                                                                  Tel: 869-765-2385

Email: [email protected]                                          [email protected]